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HELP PLEASE!!! ONE QUESTION I'M STUCK ON!!! Adam has $10 in a savings account. The interest rate is 5%, compounded annually. To the nearest cent, how much interest will he earn in 3 years? Use the formula B = p(1 + r)t, where B is the balance (final amount), p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years. - See more at: http://www.ixl.com/math/grade-8/compound-interest#sthash.BEwMwBQ4.dpuf
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